A cost segregation study was performed on this auto repair shop in Nevada with a depreciable cost basis of $1,250,000.

I am in Eugene and am a part of the REIA group here.

Would love to connect with others in the area and industry, I live in the Loop.

To qualify, taxpayers must meet specific criteria demonstrating that they are real estate professionals who materially participate in their rental activities.How to Navigate the Rules:Step 1: Identify your real property trades or businessesHere is a list of activities that are considered to be a real property trade or business:RedevelopmentLeasingConversionConstructionReal property developmentReconstructionOperationRentalBrokerageManagementAcquisitionIf you participate in multiple of these activities, you may be able to combine them making it easier to meet the material participation hour requirements.Step 2: Demonstrate material participation in real property trades or businessesThere are seven tests to determine if you demonstrate material participation.

You are also paying a premium in todays market due to Metro expansion.

But since you are in California, a land trust might be a better route.

For larger jobs, in quarterly draws.

She manages the property by herself and it's successfully pulling in 125k/yr.

In larger volume, you can get better return.  

Purchase price: $84,000 Cash invested: $10,000 Sale price: $165,000 Single family home (manufactured) What made you interested in investing in this type of deal?